Data released just moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, fell 0.1% in March after rising 0.2% in February, falling short of expectations for a 0.1% increase. The core CPI, which excludes food and energy prices, rose 0.1% compared to 0.2% in February (expected 0.3%).
In contrast, the annual index rose over the past 12 months to 2.4%, from 2.8% in January, below expectations of a 2.5% increase.
The core annual index rose to 2.8% from 3.1%, marking the lowest growth rate since March 2021. In the index’s details, the food index grew by 3%, up from 2.6% in February year-on-year, and rose by approximately 0.4% in March. The energy index declined by 2.4% in March, up from a 0.2% increase, and declined by approximately 3.3% year-on-year.
13/04/2025
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